Market Cap
US$810.3m
Last Updated
2021/04/13 22:14 UTC
Data Sources
Company Financials +
Executive Summary
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with moderate growth potential.
Similar Companies
Share Price & News
How has TrueBlue's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TBI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: TBI's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
0.4%
TBI
1.2%
US Professional Services
0.9%
US Market
1 Year Return
60.1%
TBI
43.9%
US Professional Services
57.9%
US Market
Return vs Industry: TBI exceeded the US Professional Services industry which returned 39.8% over the past year.
Return vs Market: TBI exceeded the US Market which returned 56.3% over the past year.
Shareholder returns
| TBI | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.4% | 1.2% | 0.9% |
| 30 Day | 2.1% | 5.3% | 2.3% |
| 90 Day | 18.0% | 3.7% | 6.3% |
| 1 Year | 60.1%60.1% | 44.9%43.9% | 60.8%57.9% |
| 3 Year | -16.7%-16.7% | 66.7%61.9% | 64.5%53.9% |
| 5 Year | -16.0%-16.0% | 132.9%116.7% | 120.9%96.4% |
Long-Term Price Volatility Vs. Market
How volatile is TrueBlue's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
TrueBlue's (NYSE:TBI) Returns On Capital Not Reflecting Well On The Business1 month ago | Simply Wall St
Are Insiders Selling TrueBlue, Inc. (NYSE:TBI) Stock?2 months ago | Simply Wall St
TrueBlue's (NYSE:TBI) Stock Price Has Reduced 27% In The Past Three YearsValuation
Is TrueBlue undervalued compared to its fair value and its price relative to the market?
1.87x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: TBI ($22.84) is trading above our estimate of fair value ($11.36)
Significantly Below Fair Value: TBI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TBI is unprofitable, so we can't compare its PE Ratio to the US Professional Services industry average.
PE vs Market: TBI is unprofitable, so we can't compare its PE Ratio to the US market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TBI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: TBI is good value based on its PB Ratio (1.9x) compared to the US Professional Services industry average (3.4x).
Future Growth
How is TrueBlue forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
128.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TBI is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).
Earnings vs Market: TBI is forecast to become profitable over the next 3 years, which is considered above average market growth.
High Growth Earnings: TBI's is expected to become profitable in the next 3 years.
Revenue vs Market: TBI's revenue (7.1% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: TBI's revenue (7.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TBI's Return on Equity is forecast to be low in 3 years time (9.9%).
Past Performance
How has TrueBlue performed over the past 5 years?
-36.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TBI is currently unprofitable.
Growing Profit Margin: TBI is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TBI is unprofitable, and losses have increased over the past 5 years at a rate of 36.2% per year.
Accelerating Growth: Unable to compare TBI's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TBI is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (1.4%).
Return on Equity
High ROE: TBI has a negative Return on Equity (-32.44%), as it is currently unprofitable.
Financial Health
How is TrueBlue's financial position?
Financial Position Analysis
Short Term Liabilities: TBI's short term assets ($378.9M) exceed its short term liabilities ($269.0M).
Long Term Liabilities: TBI's short term assets ($378.9M) exceed its long term liabilities ($274.4M).
Debt to Equity History and Analysis
Debt Level: TBI is debt free.
Reducing Debt: TBI has no debt compared to 5 years ago when its debt to equity ratio was 45.2%.
Debt Coverage: TBI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TBI has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is TrueBlue current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TBI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TBI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TBI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TBI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TBI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
A. Beharelle (50 yo)
2.58yrs
Tenure
US$3,391,176
Compensation
Mr. A. Patrick Beharelle serves as the President at eDebt, Inc. Mr. Beharelle has been the Chief Executive Officer, President and Director of TrueBlue Inc. since September 1, 2018 and was its Chief Operati...
CEO Compensation Analysis
Compensation vs Market: A.'s total compensation ($USD3.39M) is above average for companies of similar size in the US market ($USD2.16M).
Compensation vs Earnings: A.'s compensation has increased whilst the company is unprofitable.
Leadership Team
Experienced Management: TBI's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
Experienced Board: TBI's board of directors are considered experienced (4.6 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: TBI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
TrueBlue, Inc.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: TrueBlue, Inc.
- Ticker: TBI
- Exchange: NYSE
- Founded: 1985
- Industry: Human Resource and Employment Services
- Sector: Commercial Services
- Market Cap: US$810.254m
- Shares outstanding: 35.48m
- Website: https://www.trueblue.com
Number of Employees
Location
- TrueBlue, Inc.
- 1015 A Street
- Tacoma
- Washington
- 98402
- United States
Listings
Biography
TrueBlue, Inc., together with its subsidiaries, provides specialized workforce solutions in the United States, Canada, and Puerto Rico. It operates through three segments: PeopleReady, PeopleManagement, an...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/13 22:14 |
| End of Day Share Price | 2021/04/13 00:00 |
| Earnings | 2020/12/27 |
| Annual Earnings | 2020/12/27 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.